Press Release. Örebro, 6 Apr 2022
Metacon, through its daughter company Helbio, has received approval of an EU funded research project by the name “NANOLEFINS” that now officially starts in collaboration with project partners. The total Helbio budget is 167 000 EUR and the funding rate is 80%.
The full project title is “Development of innovative nanocatalytic materials and reactors for efficient and selective hydrogenation of CO2 to light olefins”. The “NANOLEFINS” project is the continuation of an earlier project “NanoCO2”, which was completed on 3 Dec. 2021. It is a pilot project that targets CO2 utilization, through hydrogenation to light olefins using renewable hydrogen. The increased use of CO2 as a raw material could have significant environmental and socio-economic benefits by contributing to the energy transition towards a low carbon economy, mainly through sustainable production of high value-added chemicals and reduced dependence on fossil fuels.
The project is co‐financed by the European Regional Development Fund of the European Union and the Greek national funds through the Operational Program Competitiveness, Entrepreneurship and Innovation, under the call RESEARCH – CREATE – INNOVATE.
Christer Wikner, President and CEO of Metacon said: “We are pleased to see continued recognition and support to the core competence in hydrogen related catalysis and reactor chemistry that we have within Metacon Group. We are committed to continuing to invest in and strengthening our leadership in this important technology area and to bring new innovations to market“.
For further information, please contact Christer Wikner, by phone +46 (0)707-647389 or e-mail email@example.com
About Metacon AB (publ)
Metacon AB (publ) develops and manufactures energy systems for the production of hydrogen, heat and electricity. The core products are based on a patented technology that, through so called catalytic steam reforming of biogas or other hydrocarbons, generates hydrogen. The development of Metacon’s reforming products is done within the wholly owned subsidiary Helbio, which is a spin-off from the University of Patra, Greece and was founded by Professor Xenophon Verykios in 2001. From the onset, the business has focused on catalysts and advanced reforming for high-efficiency hydrogen production.
Metacon also offers system solutions for the production of hydrogen through electrolysis, a large and globally growing area for small and large-scale production of green hydrogen. Electrolysis is a process of starting and driving a chemical reaction to split water by adding electricity. If the electricity used is non-fossil and green, the hydrogen will also become completely climate neutral and green. Green hydrogen can be used in, for example, the transport sector, the basic industry and the real estate sector with a better environment and climate as a result. https://metacon.se/